Adeptus Health (ADPT) Shares are Down -1.8%

Adeptus Health (ADPT) : During the past 4 weeks, traders have been relatively bearish on Adeptus Health (ADPT), hence the stock is down -10.92% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.76% relative to the S&P 500. The 4-week change in the price of the stock is -10.57% and the stock has fallen -1.8% in the past 1 week.

Adeptus Health Inc. has dropped 37.8% during the last 3-month period . Year-to-Date the stock performance stands at -22.74%. The stock has recorded a 20-day Moving Average of 5.48% and the 50-Day Moving Average is 14.32%.


Adeptus Health (NYSE:ADPT): The stock opened at $42.61 on Friday but the bulls could not build on the opening and the stock topped out at $42.71 for the day. The stock traded down to $42.10 during the day, due to lack of any buying support eventually closed down at $42.12 with a loss of -1.10% for the day. The stock had closed at $42.59 on the previous day. The total traded volume was 177,198 shares.

Also, Equity Analysts at the Brokerage Firm, Jefferies, maintains their rating on the shares of Adeptus Health (NYSE:ADPT). Jefferies has a Buy rating on the shares. As per the latest research report, the brokerage house lowers the price target to $113 per share from a prior target of $125. The rating by the firm was issued on July 11, 2016.

Adeptus Health Inc. is a holding company. The Company owns and operates First Choice Emergency Rooms, a network of independent freestanding emergency rooms in the United States. The Company provides emergency care through its freestanding emergency rooms. The Company provides patients with access to Board-certified physicians and emergency trained registered nurses and treatments on?site. The Companys facilities are equipped with radiology suite, including computerized tomography (CT) scanners, digital x-ray and ultrasound, as well as onsite laboratories. As of December 31, 2014, the Company had 55 facilities. The Companys facilities are located in the Houston, Dallas/Fort Worth, San Antonio and Austin, Texas markets; Colorado Springs and Denver, Colorado, and Phoenix, Arizona.

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